Wednesday, June 17, 2009

"If Only...." TABOR

Most interesting note from this editorial.

Where would we be had TABOR taken hold this budget cycle? We’d probably only be in as bad a shape as Michigan, home state for our intrepid domestic auto makers, The Big [ger than a breadbox] 3. Can you imagine: YOUr state’s top 2 employers, GM and Chrysler, have laid off thousands and are on the horizon of bankruptcy, your unemployment rate is almost 13%, and your budget is only $2 billion short?!

Gee. Michigan, an economic wreck if there ever was one, only $2Bn short? Compare to Wisconsin, not a 'wreck' (YET) and its $6.6Bn problem.


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